Senior Analyst, ESG Strategy

Join a Challenger

Being a traditional bank just isn’t our thing. We are big believers in innovating the banking experience because we believe Canadians deserve better options, and we challenge ourselves and our teams to creatively transform what’s possible in banking. Our team is made up of inquisitive and agile minds that find smarter ways of doing things. If you’re not afraid of taking on big challenges and redefining the future, you belong with us. You’ll get to work with people who will encourage you to reach new heights. We like to keep things fun, ask questions and learn together.

We are a big (and growing!) family. Overall we serve more than 670,000 people across Canada through Equitable Bank, Canada's Challenger Bank™, and have been around for more than 50 years. Equitable Bank's wholly-owned subsidiary, Concentra Bank, supports credit unions across Canada that serve more than six million members. Together we have over $125 billion in combined assets under management and administration, with a clear mandate to drive change in Canadian banking to enrich people's lives. Our customers have named our EQ Bank digital platform (eqbank.ca) one of the top banks in Canada on the Forbes World's Best Banks list since 2021. 

The Work

We are seeking a Senior Analyst, ESG Strategy to support the Senior Manager in executing our Environmental, Social and Governance (ESG) strategy within EQB’s broader Responsibility Strategy and ensuring alignment with regulatory requirements, external reporting standards and enterprise-wide responsibility initiatives. This role requires a strategic thinker with strong analytical skills to drive impact, reporting, stakeholder engagement and performance measurement. The Senior Analyst, ESG Strategy will be a member of EQB’s broader Strategy, Corporate Development & ESG team. If you are passionate about driving change in Canadian Banking, this is the right opportunity for you! 

ESG Strategy & Business Integration (30%)

• In partnership with the Senior Manager, support the development and implementation of the ESG strategy, positioning and framework, aligned with the company’s purpose and regulatory requirements
• Assist in conducting materiality assessments to continue to identify and/or validate ESG priorities
• Contribute to initiatives related to GHG emissions reduction and decarbonization strategies
• Collaborate with internal partners across varying business units, including, Legal, Investor Relations, Human Resources, Personal Banking, Commercial Banking and Finance, by providing subject matter expertise to incorporate climate considerations and enhance elements of EQB’s social offerings
• Conduct market research and competitor analysis to benchmark ESG practices and identify improvement opportunities

ESG Reporting & Stakeholder engagement (30%)

• Assists in preparing presentations and/or recommendations to Senior Management, Management Committee and/or Board on ESG matters
• Support the preparation of the annual Responsibility Report, Public Accountability Statement, and other sustainability-related disclosures in alignment with ESG reporting frameworks and standards
• Support Responsibility disclosure assurance and verification processes with internal and external auditors
• Manage maintenance of the ESG data management system to ensure data accuracy, integrity, and consistency
• Ensure strong disclosure procedures and controls to satisfy regulatory reporting requirements, audit, and third-party assurance processes
• Monitor and ensure readiness against emerging regulations (e.g., CSDS/ISSB etc.)
• Support the coordination of stakeholder engagement to develop responses to sustainability surveys from rating agencies (e.g., S&P Corporate Sustainability Assessment, Sustainalytics, MSCI) and Investor enquiries
• Prepare benchmarking analysis of disclosures and/or results against industry peers and other leaders in ESG reporting and provide recommendations for best practices
• Stay ahead of ESG disclosures by frequently monitoring current and emerging sustainability and climate trends, reporting frameworks and standards

Regulatory & Compliance Support (20%)

• Monitor and ensure adherence to ESG regulations and standards, supporting regulatory submissions and compliance initiatives
• Assist in the implementation and compliance of OSFI B-15 Climate Risk Management guidelines, ensuring integration into risk and governance frameworks
• Closely collaborate with Operational Risk Management, Enterprise Risk Management and Model Development in processes related to EQB’s climate risk scenario analysis
• Maintain knowledge of evolving ESG regulations, including CSDS/ISSB, Bill C-59 and others industry frameworks and standards

Performance Measurement & Data Analytics (10%)

• Support impact measurement and track progress against enterprise goals, including the development of KPIs under the Sustainable Bond Program
• Support the development, alignment, and tracking of ESG metrics, including the greenhouse gas (GHG) accounting for Scope 1, 2, and 3 emissions.
• Routinely benchmark company’s ESG performance relative to industry competitors
• Conduct research, apply critical thinking, and formulate insights to inform the social component of EQB’s ESG strategy
• Monitor and assess evolving stakeholder expectations

Broader Strategy Support (10%)

• Occasionally support the team on strategic initiatives, i.e., Board materials, Management committee materials

Let's Talk About You!

• Bachelor’s degree, with preference for specialization in business administration, finance, or related field
• 2-3 years of work experience in ESG or related fields
• Working knowledge of sustainability reporting and practices, ESG/Climate regulatory frameworks including OSFI B-15 and CSDS, GHG Emissions quantification and banking industry experience is an asset
• Proven ability to thrive in a constantly changing and competitive environment and to perform well in a high volume, high intensity environment
• Comfort interacting with all levels of the organization, including the most senior management
• Excellent analytical, technical and problem-solving skills, as well as oral and written communication skills
• Strong attention to detail and time management skills
• Highly proficient in MS Office (Excel, Access, Power Point)

What we offer [For full-time permanent roles]

💰 Competitive discretionary bonus 

✨ Market leading RRSP match program

🩺  Medical, dental, vision, life, and disability benefits

📝  Employee Share Purchase Plan

👶🏽 Maternity/Parental top-up while you care for your little one

🏝 Generous vacation policy and personal days 

🖥  Virtual events to connect with your fellow colleagues

🎓  Annual professional development allowance and a comprehensive Career Development program

💛  A fulfilling opportunity to join one of the top FinTechs and help create a new kind of banking experience

The incumbent will be working hybrid and in office time will be spent working from Equitable Bank’s additional office space located at 351 King Street East, Toronto, ON.

Equitable Bank is deeply committed to inclusion. Our organization is stronger and our employees thrive when we honour and celebrate everyone’s diverse experiences and perspectives. In tandem with that commitment, we support and encourage our staff to grow not just in their career path, but personally as well. 

We commit to providing a barrier-free recruitment process and work environment for all applicants. Please let us know of any accommodations needed so that you can bring your best self to the application process and beyond. All candidates considered for hire must successfully pass a criminal background check and credit check to qualify for hire. While we appreciate your interest in applying, an Equitable recruiter will only contact leading candidates whose skills and qualifications closely match the requirements of the position.

We can’t wait to get to know you!